robert reichRobert B. Reich is Professor of Public Policy at the Goldman School of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written eleven books, including The Work of Nations, which has been translated into 22 languages; the best-sellers The Future of Success and Locked in the Cabinet, and his most recent book, Supercapitalism. His articles have appeared in the New Yorker, Atlantic Monthly, New York Times, Washington Post, and Wall Street Journal. Mr. Reich is co-founding editor of The American Prospect magazine.

The Defining Moment, and Hillary Rodham Clinton

Hillary Rodham Clinton

*+-Robert Reich: If Hillary Clinton is to get the mandate she needs for America to get back on track, she will have to be clear with the American people about what is happening and why – and what must be done.

College Not for Everyone?

getting into college

*+-Robert Reich: The biggest absurdity is that a four-year college degree has become the only gateway into the American middle class.

The “iEverything” and the Redistributional Imperative

Machines Taking Over

*+-Robert Reich: Most of us will have less and less money to buy the dazzling array of products and services spawned by blockbuster technologies – because those same technologies will be supplanting our jobs and driving down our pay. We need a new economic model. ‘

The Conundrum of Corporation and Nation

Corporate Influence

*+-Robert Reich: Most big American corporations have no particular allegiance to America. They don’t want Americans to have better wages. Their only allegiance and responsibility to their shareholders — which often requires lower wages to fuel larger profits and higher share prices.

Will the Democratic Nominee for 2016 Take on the Moneyed Interests?

Democratic Presidential Nominee

*+-Robert Reich: The candidate could also call for busting up Wall Street’s biggest banks and thereafter limiting their size; imposing jail sentences on top executives who break the law; cracking down on insider trading; and, for good measure, enacting a small tax on all financial transactions in order to reduce speculation.

The Share-the-Scraps Economy

share economy

*+-Robert Reich: How would you like to live in an economy where robots do everything that can be predictably programmed in advance, and almost all profits go to the robots’ owners?

Why Wages Won’t Rise

Stagnant Wages

*+-Robert Reich: Today’s workers are less economically secure than workers have been since World War II. Nearly one out of every five is in a part-time job.

How Inside Traders Are Rigging America

Insider Traders

*+-Robert Reich: Major players on Wall Street have been making tons of money not because they’re particularly clever but because they happen to be in the realm where a lot of coins come their way.

Wall Street’s Democrats

Wall Street Owns Democrats

*+-Robert Reich: The Democrats’ unwillingness to close the carried-interest loophole when they could also goes some way to explaining why, almost six years after Wall Street’s near meltdown, the Obama administration has done so little to rein in the Street.

Patrolling the Boundaries Inside America

Protecting School Districts

*+-Robert Reich: Education is no longer just a gateway into the American middle class. Getting a better education than almost everyone else is the gateway into the American elite.